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  • California rejects bill to protect homeowners from foreclosure
  • September 08, 2010
  • Proposed legislation that would have provided foreclosure protection to homeowners undergoing the loan modification process has been rejected in the California Assembly. Banks and lending institutions are pleased with the ruling, but consumers, who highly supported the foreclosure protection proposal, are incensed with the Assembly's decision.

  • View more at: http://www.credit.com/news/credit-debt/2010-09-02/california-rejects-bill-to-protect-homeowners-from-foreclosure.html